NORTHERN OHIO-BASED PLASTIC INJECTION MOLDING MANUFACTURER
This manufacturer of plastic injection molding has a strong history of meeting customer needs for complex molding and secondary product assembly. The Company utilizes robotic technology and a wide range of molding equipment to produce an array of products. The past two decades have seen strong growth and expansion of capabilities, including large part and high tonnage injection molding, with recent investment focused on new technology. Lower overhead allows competitive pricing. Current ownership is looking to retire but is available for an extended transition period. Ideally, the owners would like to sell a portion of their ownership now and maintain a portion of the Company going forward. The purchase offers turn-key acquisition of a well-run Company with considerable upside opportunity.
GROWTH OPPORTUNITIES
Extensive Range of Potential Markets – The Company primarily serves Tier I and Tier II truck and automotive suppliers. They are continually developing new customer markets that include furniture, energy, vending machine components, toys, pallets, stadium seating, office supplies etc.
Capacity for Growth – Company facilities and equipment could handle a 40 percent increase in sales and production without significant additional capital investment.
INVESTMENT HIGHLIGHTS
Excellent Location – The Company is based in the heart of the Midwest manufacturing belt, giving it ready access to its core automotive and truck manufacturing markets as well as other major manufacturers.
Experienced, Expert Staff – With its history of custom applications, the Company has key, experienced employees able to quickly respond to meet customer needs.
Quality Facilities and Equipment – Multiple modern manufacturing plants, featuring up-to-date, high-quality manufacturing equipment, are owned by related third parties and available as part of the purchase.
FYE 4/30/19 Revenue: $12,800,000
FYE 4/30/19 EBITDA: $1,200,000
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